Get started

SRMBTC

SRMBTC Bullish Scenario| Falling Wedge| Structural S/R| Apex| PAEvening Traders. Second analysis – SRMBTC –trading in a probable falling wedge that needs to break resistance for confirmation, Points to consider, - Trend approaching apex - Structural S/R (support) - Possible bullish divergence forming - Stochastics buy cross SRMBTC’s trend is approaching its apex where a break will be imminent; breaking bullish will confirm the falling wedge pattern. The immediate target for SRMBTC will be swing high Structural S/R is current support that is likely to get tested, establishing a new local lower low will increase the probability of an RSI bullish divergence. The stochastic is currently showing a buy cross; momentum needs to shift above 30 for confirmation. Overall, in my opinion, SRMBTC is a valid long trade upon confirmation of the falling wedge pattern. Price action is to be used upon discretion/ management of the trade. Hope this analysis helps! Thank you for following my work! And remember, “Trade the market in front of you, not the one you want!” – Scott Redler
SLong
by AzizKhanZamani
Retesting previous resistanceAfter multiple targets been hitted arround 32-33k sats. Serum lost it's momentum and went into a down phase. It's now retesting the previous resistance. Which shouldn't be to hard to break, since it has shown a strong Previous breakthrough on it's second try. The RSI shows some hidden bullish divergence. But however it's not within the same white range box as on the chart. So either the momentum goes on hit the overbuy range, touches the first resistance(25k sats). Or this goes into consolidation, retests the green area and touches the resistance area later on. Am pretty bullish on this project, so I expect this to run very high in the long term. First targets on the chart. Stop loss under 14.5k Not a financial advice. Do your own research!
SLong
by kubilaydereli32
SRM/BTC (Retrace Before Another Breakout Attempt?)BINANCE: SRMBTC -SRM still unable to break the trendline resistance -But the Bulls still have a chance on the 3rd attempt -Provided the support at 19.6k will hold for the next few days -SRM might retrace and retest the recent green support -Before potentially break the resistance line -Let's hope BTC will not dump so Altcoins will recover well ^Trading involves High Risk ^Not Financial Advice ^Please exercise Risk Management **If you like my daily Published Ideas **Please don't forget to leave a thumbs up & comment **Thank you! :)
S
by PolarHusk
17
SERUM/USDTfull parabolic. alt season is here, 2x -3x gain is minimum for any altcoin in this season. feels like late 2016 all over again. i got some bag SRM at 2.1 and 2.55 , will add more once we break 3.9. to you all who havent bought this crap, u can buy on break 3.9. and remember: EVERYTHING IS GOIN PARABOLIC AND SOME OF YOU WILL FOMO AT THE BLOW OFF TOP ! TRADE WITH YOUR OWN RISK. I DONT RESPONSIBLE FOR YOUR LOSS, BUT IF YOU MADE PROFIT FROM MY IDEA, MAKE SURE U SPEND SOME OF IT ON HOOKERS AND COKE ! thank you
SLong
by shop1930
2
SRMBTC next targets (25%-60%-100%-200%-400%)SRMBTC next targets (25%-60%-100%-200%-400%) Hey folk. In my previous post on SRMBTC and SRMUSD I told you I am going to make a new post with the new targets. First, What happened: SRM addition to Binannce resulted in huge increase in its value vs BTC. Immediately after that the price started the correction course. It took it about 2-3 weeks to make the correction process and finally it manages to come back to the previous peak and get passed through it. I needed time to see to what Fibonacci it is reacting and now I have some clear idea about that; however as patterns changes over time so the analysis, hence I will update this post whenever I see a change or have some corrections to make. So for now what I can say is this coin is reacting to both expansion and extension Fibos. The common fibonacci extension levels ahead are 161, 200, and 261, but they may react to 113, 127, 144% and many other ones as well. It seems at this point of the market SRMBTC and SRMUSD at hourly pattern react with all of them from both extension and expansion. For now I marked all of the resistance points ahead using these two Fibo, but the big picture (daily analysis) is that the main resistance ahead are 127 (~25% profit target), 161 (~60%) and 2 (~100%) where heavy resistance is expected. Afterward there might be another correction and retry in which the market going to try reaching 261, 361 and >4, i.e 200-400% profit targets.
S
by DavidQian
2